[ad_1]
Ripple and XRP have been the focus of attention for quite some time, despite the bearish bear market. The company has continued to develop more projects and achieve more partnerships even if the price of most tokens has fallen this year.
Nevertheless, Ripple and its digital heritage are seen as quite controversial entities today.
Now, senior analyst Etoro Mati Greenspan offers his views on Ripple and XRP.
The XRP is a high risk currency
Greenspan told AMBCrypto that he considers Ripple's digital assets to be a high risk currency due to the volatility of the emerging market. He also noted that the success of XRP depends on the results achieved by Ripple Labs especially in the field of cross-border transactions.
"There was a widespread report from one of Ripple's executives who said that there was only 25% chance of long-term success for this project, so we have to take this into account," said Greenspan.
He continued and explained "So yes, if it ends up becoming the standard for global payments, then certainly [XRP] it's about to increase in value, even in a very short space of time. However, when you're thinking about an overall portfolio, you do not want to risk your equity too much into something that only has 25% chance of getting to know it. "
Focusing on cross-border payments
However, when talking about Ripple, which deals more with cross-border payments, Navin Gupta, CEO of Ripple in South Asia, the Middle East and North Africa, shows a truly daring approach with the ultimate goal of revolutionizing the world of finance.
At the BlockOn conference in Bahrain, he discussed the main reasons why Ripple now focuses mainly on cross-border payments.
Ripple wants to solve all the rigid problems related to cross-border remittances and, subsequently, will start to focus on other topics, such as commercial finance, securities settlements and more.
Rada attended courses in the Faculty of Arts, Romanian-English, and completed the Faculty of Theater and Television, Theatrical Journalism section, both within the framework of the Babes-Bolyai University of Cluj-Napoca. Until now, he has reviewed books, films and theatrical performances, enjoying topics from the cultural niche. His writing experience also intersects the IT niche, since he worked as a content editor for companies that produce software for mobile devices. Collaborate with online advertising agencies, writes articles for different websites and blogs.
